Solved 2. (4pt) Calculate the cutoff grade in an iron ore
Step 1. The cutoff grade in an iron ore deposit is the minimum grade of ore that is e c o n o m i c a l l y viable to mine. It is c... 2. (4pt) Calculate the cutoff grade in an iron ore deposit, if the cost of mining and processing is $6.00/ ton, the selling price of iron ore is $10.30/ ton, and the overall recovery is 96%.